XRP Price Stalls Near $1.30 as Reports Diverge on Whale Wallet Activity

XRP has spent recent trading sessions parked near $1.29 to $1.30, showing limited volatility even as on-chain data points in different directions. The token's price has remained largely flat, a pattern often associated with indecision among both retail traders and larger holders. One account of the on-chain picture describes whale wallets shrinking while balances on exchanges rise. That combination is typically read as a sign of distribution, where large holders move tokens toward trading venues, potentially ahead of selling. Rising exchange balances are closely watched because they can signal an increase in available supply for sale.